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Jan 17, 2013
01/13
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WUSA
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. >> reporter: taxes, social security, healthcare costs, they see it all come out of their fictional check. >> when i compared this with my friend in term of how much i had to pay for taxes, a little disappointed sometimes. >> reporter: nonprofit junior achievement built this really cool space with the help of capital one bank right behind frost middle school in fairfax. during the day students learn how to apply for a modern, fill out a car loan -- mortgage, fill out a car loan application, buy insurance, even a storefront for investments and giving to charity. >> when kids understand how to manage money and make good choices, they will be better consumers ultimately. >> reporter: just before they finish all their calculations they get one of these, an unlucky chance card, something in real life that can really wreck your budget like the added expense of your engine blowing in your car or a tree falling on your home and students are not allowed to finish the day in the red at finance park. so they have to adjust their whole balance sheet. >> it definitely gave me some insight on how
. >> reporter: taxes, social security, healthcare costs, they see it all come out of their fictional check. >> when i compared this with my friend in term of how much i had to pay for taxes, a little disappointed sometimes. >> reporter: nonprofit junior achievement built this really cool space with the help of capital one bank right behind frost middle school in fairfax. during the day students learn how to apply for a modern, fill out a car loan -- mortgage, fill out a car...
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Jan 14, 2013
01/13
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KGO
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i also said that we need more revenue through tax loopholes. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out that the american people agree with me. they listened to an entire year's debate on this issue and they made a clear decision about the approach they prefer. they don't think it's fair to ask a senior to pay more for his or her health care. they don't think it's smart to protect endless loopholes for the wealthiest americans rather than rebuild our roads and schools. they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does their part. that's what i want as well. that's what i propose. and we can get it done. but we'll have to make sure that people are looking at this in a responsible way. rather than just through the lens of politics. now, the other congressionally imposed deadline coming up is
i also said that we need more revenue through tax loopholes. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out that the american people agree with me. they listened to an entire year's debate on this issue and they made a clear decision about the approach they prefer. they don't think it's fair to ask a...
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Jan 15, 2013
01/13
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KGO
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with h&r block's messed-up tax second look,there. plus you can use four times less. people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. ♪ oh-oh-oh, oh, oh ♪ sometimes ♪ i get a good feeling ♪ yeah ♪ get a feeling that i never, never, never, never had before ♪ ♪ no, no, i get a good feeling ♪ ♪ [ female announcer ] all this... only on royal caribbean. call 1-800-royal-caribbean today. ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one. ♪ when you walk 10,000 steps a day, it's the same as walking a professional golf course. humana. health and well-being partner of the pga tour. i need all the help i can get. i tell them, "come straight to the table." i say, "it's breakfast time, not playtime." "there's fruit, milk and i'm putting a little nutella on your whole-wheat toast." funny, that last part gets through. [ male announcer ] serving nutella is quick and easy. its great tas
with h&r block's messed-up tax second look,there. plus you can use four times less. people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. ♪ oh-oh-oh, oh, oh ♪ sometimes ♪ i get a good feeling ♪ yeah ♪ get a feeling that i never, never, never, never had before ♪ ♪ no, no, i get a good feeling ♪ ♪ [ female announcer ] all this... only on royal...
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120
Jan 19, 2013
01/13
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LINKTV
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he is now charged with counts of wire fraud, bribery, filing false tax returns, and others. he took payments, travel, and other awards, they allege, in exchange for contracts. the indictment reads -- >> mayor ray nagin used his capacity for things that benefit the interests of individuals providing him with bribery kick back pay ops. >> they also glitchy accepted bribes to secure millions of dollars in contracts to rebuild after katrina. they are expected to testify against the former mayor. two officials have also pled guilty. his performance during katrina essentially assured a separate term in 2006. >> we are drawing a line in the sand and saying, "we have had in -- had it." completing office in 2010, he kept a low profile, rarely mentioned in the media, until now. aljazeera. >> republicans in congress are showing the first signs of backing down over the looming debt crisis. they announced they will present a bill. a move will avoid an immediate default by the u.s. treasury. and security scanners that produce naked images in airports are being scrapped. the government has
he is now charged with counts of wire fraud, bribery, filing false tax returns, and others. he took payments, travel, and other awards, they allege, in exchange for contracts. the indictment reads -- >> mayor ray nagin used his capacity for things that benefit the interests of individuals providing him with bribery kick back pay ops. >> they also glitchy accepted bribes to secure millions of dollars in contracts to rebuild after katrina. they are expected to testify against the...
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Jan 17, 2013
01/13
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FOXNEWS
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here is what they know, they have to have something on offer, because they got creamed on the tax issue, nothing on offer, no chips in the game. they had extension of tax rates, but they weren't passing anything, sitting around and pounding the table and weren't saying this is what we have. now it's up to john boehner and his team to coax out of this conference, who is very skeptical of him because of the deal he did on the tax rates and they look at him askance and what do you want to do, obamacare, the health care law and other things that might include giving the president a debt ceiling increase until the end of his term if he's willing to agree in big changes in entitlement programs. they've got to come up with something. >> megyn: they have to come up with a game plan. we saw with the fiscal cliff negotiations the end of the year they were divided and boehner couldn't sort of corral his house republicans to be on the same page and so now he's trying to do that and to get reelected speaker, he says i'm going to listen to you, i'll be your choice. now, the question, chris, whether y
here is what they know, they have to have something on offer, because they got creamed on the tax issue, nothing on offer, no chips in the game. they had extension of tax rates, but they weren't passing anything, sitting around and pounding the table and weren't saying this is what we have. now it's up to john boehner and his team to coax out of this conference, who is very skeptical of him because of the deal he did on the tax rates and they look at him askance and what do you want to do,...
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Jan 20, 2013
01/13
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FOXNEWS
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how much is going to be tax increases. how much is going to be spending cuts. definitely going to do that when it comes to gun control. i'm told you will see a very aggressive in effect national campaign by the president and vice president going out and appealing to various constituent groups. red state and quite frankly a lot of red state democrats are up for reelection to the senate in 2014. he has to put pressure on them. immigration reform trying to mobilize hispanic voters in some of the key states. i think you will see it on a variety of issues, the whole legislative agenda the president is going to play an inside game but you a much more active outside game as well. >> take a listen to a little bit of more of your interview with david plouffe on "fox news sunday." >> if you look at president regan he accomplished tax reform. there was good second term accomplishments. a few things. one it is not like we are roaming around the white house looking for things to do. on immigration, gun safety, deficit reduction. we have a pretty stacked agenda here and i th
how much is going to be tax increases. how much is going to be spending cuts. definitely going to do that when it comes to gun control. i'm told you will see a very aggressive in effect national campaign by the president and vice president going out and appealing to various constituent groups. red state and quite frankly a lot of red state democrats are up for reelection to the senate in 2014. he has to put pressure on them. immigration reform trying to mobilize hispanic voters in some of the...
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Jan 19, 2013
01/13
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FOXNEWS
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. >> there is a lot of hard earned tax money going for unfortunately theater security. >> reporter: they are still going to useful body scanners that create generic images but they point out that travelers can opt out of the body scan with a pat down if they prefer. >> heather: you are really disappointed. >> gregg: it's my only attempt at exhibitionism, little joys in life. all right. >> heather: pricy body scanners that gregg loves is request matter of questionable government spending as president obama prepares for his second term has a lot of work ahead of him to cut wasteful spending and bring the debt under control. a new fox poll finds more than eight out of ten americans believe government spending is out of control. so what can we expect to see in the next four years. let's written bri in jamie whining o weinstein. so eight out of ten americans say we spend too much but up from 2010, 62% from 2009, regardless people think we spend too much. if you break that apart further, almost all republicans and independents and two-thirds of democrats they all agree, government spending is
. >> there is a lot of hard earned tax money going for unfortunately theater security. >> reporter: they are still going to useful body scanners that create generic images but they point out that travelers can opt out of the body scan with a pat down if they prefer. >> heather: you are really disappointed. >> gregg: it's my only attempt at exhibitionism, little joys in life. all right. >> heather: pricy body scanners that gregg loves is request matter of...
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Jan 13, 2013
01/13
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FOXNEWSW
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we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we grew at five%. my point is this is not taxes. what is key, let's take murderrive and regalations on businesses, they have increased. if they are paying 33% more for regulations per individual, you are not opening up the line for that star runningback to get through. i understand the simplified tax rate form. but it is focusing on small businesses and giving them the opportunity with trained, skilled workforce, not that much reg iewdle, to burst through the line. that's where the focus should be. >> eric: matt, last word? >> you gotta do something. here's -- once again, when a pre
we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we...
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Jan 17, 2013
01/13
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FOXNEWS
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art laffer, architect of the reagan tax cuts in the 1980s. good morning to you. >> good morning, bill. i'm fine. bill: blackmail, what do you say? >> blackmail! i think part of the normal checks and balances in government. when the democrats have president and controlled of the senate they don't like republicans to control their spending when. republicans are in control, democrats don't like it. it is a tool used by congress to make sure that we have fair and balanced policy going forward. the one i love, bill, if you look at "the wall street journal" today they have barack obama's speech before the senate when bush was president. and how he was going to vote against raising the debt ceiling and he made this beautiful speech, all of which is perfectly correct. it just now he is on the opposite side of the equation. it is a silly argument. bill: he went on to explain as he has see things differently as senator than president in the white house. >> of course you do. >> some conservatives argue this. i want to get your feeling on this. focus on
art laffer, architect of the reagan tax cuts in the 1980s. good morning to you. >> good morning, bill. i'm fine. bill: blackmail, what do you say? >> blackmail! i think part of the normal checks and balances in government. when the democrats have president and controlled of the senate they don't like republicans to control their spending when. republicans are in control, democrats don't like it. it is a tool used by congress to make sure that we have fair and balanced policy going...
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Jan 18, 2013
01/13
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FOXNEWS
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before the green energy companies would get tax credits. >> yes. bill: but through the stimulus law that was signed, they received money. >> oh, yes. bill: cold cash. >> called section 1603 of the american recovery and reinvestment act which is in 2009 as you mentioned. about $16 billion have been dolled out so far. 4 billion gone to the foreign companies. basically going back to a lot of them, spanish, company, spanish renewable energy company got $1.8 billion from the u.s. taxpayers to do work here in the united states. but isn't the goal here to basically spur on growth of american companies. create american jobs? sure. bill: i agree with you. that is what we thought it was for though. >> we did. bill: what that shows you this white house was dead set on pursuing a green energy policy. and they did it through a stimulus that we thought was going for something else. >> at all costs too. basically they're taking our hard-earned money at a time when we're running, about, how much trillions of dollars we're in debt right now? you're taking money to
before the green energy companies would get tax credits. >> yes. bill: but through the stimulus law that was signed, they received money. >> oh, yes. bill: cold cash. >> called section 1603 of the american recovery and reinvestment act which is in 2009 as you mentioned. about $16 billion have been dolled out so far. 4 billion gone to the foreign companies. basically going back to a lot of them, spanish, company, spanish renewable energy company got $1.8 billion from the u.s....
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Jan 14, 2013
01/13
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FOXNEWSW
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 15, 2013
01/13
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...
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Jan 20, 2013
01/13
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KPIX
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because these are citizens that have paid taxes all their life and yet going around making excuses, i have all types of guns. you know, i'm not doing anything about it. and that's the issue here. >> yeah, and i would like, i want to point out that stop and frisk is a politically triggered wording. but the fact is, police departments, san francisco and oakland, they do it. and they do stop ask searches. >> they have the chp, the mayor brought the california highway patrol in and they're patrolling east and west oakland and pulling cars over for minor infractions and basically frisking them. >> that's the thing, a minor infraction first. with stop and frisk, the policy would be that you have the ability to stop and frisk a suspect just because you believe that they might be up to something. >> and some of that is going on. we just, we call it targeted enforcement. that's what they talked about. >> and the highway patrol has no problem doing that. >> but you're pulled over for something initially. >> the problem is that if oakland does it, the people get upset. but they bring in other ag
because these are citizens that have paid taxes all their life and yet going around making excuses, i have all types of guns. you know, i'm not doing anything about it. and that's the issue here. >> yeah, and i would like, i want to point out that stop and frisk is a politically triggered wording. but the fact is, police departments, san francisco and oakland, they do it. and they do stop ask searches. >> they have the chp, the mayor brought the california highway patrol in and...
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Jan 20, 2013
01/13
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. >>> and slapped with a $14,000 tax bill due all at once. what would you do? why one man paid it nothing larger than a 1 dollar bill. ,,,,,,,,,, ,,,, someone else now owns the batmobile. the bubble- topped ride for the caped crusader sold for four-poino >>> move over bruce wayne, someone else now owns the bat mobile. the bubble top ride for the caped crusader sold for $4.2 million at an auction in arizona today. and this wasn't a replica, it was the first one built for the 1960 tv show batman, the highest bidder rick champagne who has champagne taste apparently, he owns a lodgistic companies in arizona. >>> a shatta county man paid his $14,000 property tax bill with coins. larry gas per said it is a protest against the county. he lost his tree business a few years back because he couldn't pay his taxes. and when he tried to pay half of it, he said county officials told him he had to pay it all at once. so he came back with it all in small change. >> i had to borrow some money. i am missing a few payments on my home to pay for my taxes on this piece of property
. >>> and slapped with a $14,000 tax bill due all at once. what would you do? why one man paid it nothing larger than a 1 dollar bill. ,,,,,,,,,, ,,,, someone else now owns the batmobile. the bubble- topped ride for the caped crusader sold for four-poino >>> move over bruce wayne, someone else now owns the bat mobile. the bubble top ride for the caped crusader sold for $4.2 million at an auction in arizona today. and this wasn't a replica, it was the first one built for the...
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Jan 18, 2013
01/13
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CNN
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the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea. but now that we have resolved the revenue issue, tax reform ought to be revenue neutral as it was back during the reagan administration. >> reporter: the president and congressional democrats disagree. >> but spending cuts must be balanced with more reforms to our tax code. the wealthiest individuals and the biggest corporations shouldn't be able to take advantage of loopholes and deductions that aren't available to most americans >> trust me, there are plenty things within that tax code, these loopholes, where people can park their money on some island offshore a
the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republicans say reform isn't about squeezing more money out of...
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Jan 13, 2013
01/13
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CNNW
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. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> this is not your father's nra, but it represents gun manufacturers and less than half of the funding comes from their member, and they make tens of millions of dollars off of the purchases of guns. >> just his overall temperament and is he suited to run a department or big agency or big entity like the pentagon? >> you have questions about his temperament? >> i think -- i think -- i think there are numbers of staffers who are coming forth now just
. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you...
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Jan 15, 2013
01/13
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CNNW
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couldn't take anything for granted. >> reporter: their lobbying effort paid off, there is no federal tax on sugary drinks. fast forward to today, the centers for disease control says more and more americans are drinking the stuff. the center for science and the public interest, a non-profit consumer advocacy group says sugary drinks are the number one source of calories in the american diet. they put out their famous version of the coca-cola bear called the real bear. ♪ sugar, sugar, so good, so good, sugar ♪ >> coca-cola said "obesity is complex and requires partnership and collaboration to help solve it. we have an important role to play in the effort to find solutions that work for everybody." let's bring in our chief medical correspondent dr. sanjay gupta. so i know it's a tough topic. coke says it can play an important role in america's fight against obesity, it says it's decreased the calories in its products. in middle schools it sells juices instead of cans of coke. it says it's doing its part. what's the big deal? leave us alone? >> i think that's part of it. there's a fear
couldn't take anything for granted. >> reporter: their lobbying effort paid off, there is no federal tax on sugary drinks. fast forward to today, the centers for disease control says more and more americans are drinking the stuff. the center for science and the public interest, a non-profit consumer advocacy group says sugary drinks are the number one source of calories in the american diet. they put out their famous version of the coca-cola bear called the real bear. ♪ sugar, sugar, so...
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Jan 19, 2013
01/13
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CSPAN2
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no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt that the main concern of the people in the border areas on the mexican side is the demand for safety and the demand for security. this demand is being heard louder and louder than the demands for employment and secret services, which is what we mayors do. when i was listening of course for job creation, economic development. but i mexico, it's becoming also one of the major necessities, which was than in the past, but is now. the fact that a strategic security knowledge and something, which in the past, we never had to do it, which we security issues, which would strategy, which was this alliance that needs to be built at the federal government, drug enforcement ag
no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt that the main concern of the people in the border areas on the...
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Jan 16, 2013
01/13
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CSPAN
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or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 othe constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3, whenever the president transmits to the president pro tempore of the senate and the speaker of the house of representatives his written declaration that he is unable to discharge the powers and duties of his office, and until he transmits to them a written declaration to the contrary, such powers and duties shall be discharged by the vice president as acting president. mr. goodlatte: i yield to the gentleman from maryland, mr. delaney. mr. delaney. section -- mr. delaney: section 4, whenever the vice president
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 othe constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3,...
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Jan 18, 2013
01/13
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LINKTV
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it is an incredibly dangerous and taxing sport. cyclist talk about drug use as if it is survival. all that being said, the answer is not to dope your body. the answer is the reformation of the sport, tried to make the course is safer, unionize in the cycle so they have a collective voice. lance armstrong has, striking -- strong against unionizing. that is to be the discussion, not how to get away with doping more effectively. >> let's go back to lance armstrong a meeting he became a "shalit" in the course of defending themselves from accusations that he benefited from banned substances. >> i was a bully and a sense that i tried to control them in areas. if i did not live with somebody said, for whatever reason in my own head, whether there were being disloyal i viewed or a friend turning on you or whatever, i tried to say, "that is a lie, they are liars." >> i want your comment on that and also ask possibly the doping was related to his testicular cancer? works on the first question, i think with that statement, i can imagine all the plants armstrong's lawyers collectively clinchi
it is an incredibly dangerous and taxing sport. cyclist talk about drug use as if it is survival. all that being said, the answer is not to dope your body. the answer is the reformation of the sport, tried to make the course is safer, unionize in the cycle so they have a collective voice. lance armstrong has, striking -- strong against unionizing. that is to be the discussion, not how to get away with doping more effectively. >> let's go back to lance armstrong a meeting he became a...
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182
Jan 21, 2013
01/13
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LINKTV
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they have been given 18 tax breaks by mr. obama, as he keeps telling us, so they've got theirs. big businesses are mimicking profit, wallowing in bonuses. they can pay the minimum wage. i just read -- wrote a letter to the head of walmart is that, "look, you grows over $300 billion in u.s.. this will cost you less than $2 billion to take a million or so of your workers up to $10.50. he would get less turnover and more productivity and will sleep better at night." >> how does wal-mart's wages here compared to wages elsewhere, worldwide? >> in western europe, for example, walmart has stores, employees. they have to give them a paid vacation. they're often -- they all have health care because it is universal, government health care. they have to give them paid sick leave, including family sick leave. they have better benefits because they are required to do it. so why is walmart treating european workers, and in some respect canadian workers -- in ontario, the minimum wage is $10.25, not $7.25 here in the u.s. why is walmart to the workers in foreign countries so better than the wo
they have been given 18 tax breaks by mr. obama, as he keeps telling us, so they've got theirs. big businesses are mimicking profit, wallowing in bonuses. they can pay the minimum wage. i just read -- wrote a letter to the head of walmart is that, "look, you grows over $300 billion in u.s.. this will cost you less than $2 billion to take a million or so of your workers up to $10.50. he would get less turnover and more productivity and will sleep better at night." >> how does...
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Jan 15, 2013
01/13
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people pulling transactions forward because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actua
people pulling transactions forward because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's...
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Jan 20, 2013
01/13
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california, an ngry homeowner getting his version of revenge on the tax man. upset in the 14,000 tax bill and the man paying most of it in change wheeling in nickels and dimes. >> i had to borrow money and missing a few payments . my grand kids piggy bank my daughter's piggy banks and my mon yechange and a lot of people offered to help. >> the clerk surprised to say the least but accepted it after counting it. pennsylvania. penguins on parade. stars of the show waddling their way past crowds of curious family. >> she was excite we ran all the way here. >> they were wademing aroundd and they will do this every weekend through february. >> that's the fox watch in america. car lovers from all over putting the pedal to the medal and racing to scottsdale, arizona . you have to go there to get the coolest cars . it is it best to steer clearr of the auctioneer who i understand is going crazy right now . auctioning in full speed. i could listen to that all day. they will pick up that for his wife. their anniversary. good bless them. >> sale of the hot wheels expected
california, an ngry homeowner getting his version of revenge on the tax man. upset in the 14,000 tax bill and the man paying most of it in change wheeling in nickels and dimes. >> i had to borrow money and missing a few payments . my grand kids piggy bank my daughter's piggy banks and my mon yechange and a lot of people offered to help. >> the clerk surprised to say the least but accepted it after counting it. pennsylvania. penguins on parade. stars of the show waddling their way...
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Jan 14, 2013
01/13
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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Jan 15, 2013
01/13
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we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation, that really is talking down america. the president is encouraging congress, encouraging america to pay its bills using a credit card to pay its bills, using borrowed money to pay its bills. that credit card will never be paid off and the balance on it will never be paid down. that is dead beat behavior and that should be pointed out. by using that expression, the president is talk down america. we stand not as tall in the eyes of the world when the president uses that kind of language. >> gretchen: could it also be he was talking down to republicans because he thinks right now that he has the maj
we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation,...
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Jan 17, 2013
01/13
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and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the idea that we could eliminate the individual income tax. >> greta: i imagine though if you're taking advantage of that sales exemption tax you're not going to be particularly fond of this idea. how are you going to convince those people it's a good idea? >> well, that's the challenge we have, but again, many of these were implemented four or five decades ago. we have a different economic environment then and again, as i talk to business leaders, they said, you know what? if you can make it simpler and fairer we're willing to go
and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the...
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Jan 17, 2013
01/13
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obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy marshal. wait a minute, so you didn't mention his kids, but we'll use these other kids as props and exploit them in the background here, a little hypocritical? >> not at all. >> no? >> you know i'm the mom of two kids, four and five. nobody can exploit my children except me, so, if you think anybody exploited them, and i don't think they he were exploited, it's the parents. the parents agreed, the kids sent the president a letter and sean, this is about the kids, i'm not going to start singing whitney houston "the children of our future", i promise. >> sean: and i take your point and i think generall
obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy...
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Jan 17, 2013
01/13
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jenna: right now, here is a look at a few crime stories we are watching for you today. a former ivy league professor who pleaded guilty to fatally beating his wife as she wrapped christmas gifts it getting paroled from prison. he served five years for voluntary manslaughter in philadelphia. again, getting out on parole. the f.b.i. is offering a hundred thousand dollars, a reward for the so-called ak-47 bank robber. they say the suspect has robbed banks on the west coast and is wanted for shooting and injuring a california police officer. a u.s. soldier accused of killing 16 people in afghanistan will be arraigned today for murder. his name, robert bales. he's charged with gunning down mostly women and children in two villages last march. jon: the high stakes fight over gun control now, with new fallout today after the president unveiled his plans nearly two dozen executive actions, tou
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jenna: right now, here is a look at a few crime stories we are watching for you today. a former ivy league professor who pleaded guilty to fatally beating his wife as she wrapped christmas gifts it getting paroled from prison. he served five years for voluntary manslaughter in philadelphia....
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Jan 18, 2013
01/13
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FBC
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without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government means gross and a gradual increase while california shrinks. i hope the country watches and learns. that is our show. oee you next time. seven. the white house and state department confirming only the presence of some american citizens among the hostages, obviously relying principally on the algerian government for most of its information, although the united states has had drones over that plant for much of the time. so at this hour this is what we do know, that the algerian government h
without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do...
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Jan 21, 2013
01/13
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FBC
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the stolid as 6 percent tax. he slapped a tax on hospitals as they provide this service. how did you see that playing out? to me it seems like a just passed that on to their consumers. >> well, this is something that states have been doing for some time. as far as levying a provider tax to help pay the state share. medicaid. and 49 states currently do levy a tax for providers and provide is being defined as not only hospitals but also -- melissa: is your impression the provider would take that out of their profits, that 6 percent? would they slap that on top of what they're charging you and i and the health insurance company? >> i don't think it is quite that simple as just an add-on costs that it would pass on to the consumers. the choice here is really, do you continue with staggering uncompensated care costs for the uninsured, or do you get some payment for those services at the hospital? melissa: i understand why they want to be paid. and is wondering where the money is coming from. i get that they want to be paid for the services. and just wondering where you think t
the stolid as 6 percent tax. he slapped a tax on hospitals as they provide this service. how did you see that playing out? to me it seems like a just passed that on to their consumers. >> well, this is something that states have been doing for some time. as far as levying a provider tax to help pay the state share. medicaid. and 49 states currently do levy a tax for providers and provide is being defined as not only hospitals but also -- melissa: is your impression the provider would take...
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Jan 20, 2013
01/13
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MSNBC
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promises considered, mostly clept, more jobs and a middle class tax break, ending the wars in iraq and afghanistan and, of course, making health care accessible for all. tomorrow morning the president will be making even more promises. the question though, can he keep them? back with me now bill schneider, resident fellow for the think tank and lynn sweet of the chicago sun times." bill, your organization spends a fair amount of time on important issues of the day. what promises can we expect to hear from president obama tomorrow? >> immigration reform. i mean, that's something he neglected in his first term and didn't give it any real priority, and it's very important. really helped him get elected, re-elected rather. guns will come up, i think, because the mood is right for that. i'm not sure how far he'll be able to go with that because of the resistance in the house, but he'll fight the good fight on that issue, and he'll talk about doing two things at once which will be difficult to balance. one, jobs and economic recovery. two, bring down the debt and deficit spending. those are
promises considered, mostly clept, more jobs and a middle class tax break, ending the wars in iraq and afghanistan and, of course, making health care accessible for all. tomorrow morning the president will be making even more promises. the question though, can he keep them? back with me now bill schneider, resident fellow for the think tank and lynn sweet of the chicago sun times." bill, your organization spends a fair amount of time on important issues of the day. what promises can we...
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Jan 17, 2013
01/13
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lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that has headlines and number one performer in the s&p 500 today. stellar performance, up 9.5%. there is quite a bit going on with cbs. they're turning their north and south american outdoor advertising divisions, putting some billboard divisions up for sale. one analyst says a split could unload asset values between 5,000,000,006,000,000,000. here is a one-year chart that shows you how well they set up for the one-year period the tenure charge shows how we went through the crisis. recouped all those losses and still better than it was prior to that. however back in 2000, '99, 2000, but it da
lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that...
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Jan 18, 2013
01/13
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tracy: you have low corporate taxes, low real estate taxes for commercial properties. i would think it'd be pretty easy to wear the businesses in. what stops them? >> we have had great success working with california businesses. our strategy is to work with california businesses looking to expand their operations outside of california. in addition to that we are working with arizona businesses looking for a new market. the ninth larges next largest ee world and proximity to california is a real business advantage. tracy: getting some pretty good tax breaks. can the state continue to afford to offer such good deals? >> our governor and our state legislature have aggressively been putting into and enacting policies and laws to increase opportunities for businesses that are successful. they have run two very aggressive agendas to ensure we have a pro-business environment, less regulation, the focus in arizona is to ensure businesses can succeed. tracy: do provide a breakdown of how much they would see if they came to arizona? >> absolutely. a very comprehensive strategy.
tracy: you have low corporate taxes, low real estate taxes for commercial properties. i would think it'd be pretty easy to wear the businesses in. what stops them? >> we have had great success working with california businesses. our strategy is to work with california businesses looking to expand their operations outside of california. in addition to that we are working with arizona businesses looking for a new market. the ninth larges next largest ee world and proximity to california is...
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Jan 20, 2013
01/13
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KQED
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and in his second term, reagan gained a major tax reform. on the defense front, republican president reagan again with the help of the rity presided over a major increase in the defense budget, congress presided over a major increase in the defense budget, the defe including straby millions of protesters here and abroad. also commander in chief reagan gained secret aid for freedom fighters in central america, the quote unquote contras. in his second term reagan negotiated a nuclear arms control treaty with our then by senate. enemy the soviet union ratified by a democratic center. in republican reagan could work with democrats controlling both the house and for two years the senate, why can't president obama, a democrat, achieve more with republicans who control the house and his democrats who control the senate? >> there's a lot of myth about tip o'neal and ronald reagan working together. they did not. >> you saw the picture. >> they did not. look, in reagan's first term, you know who he worked with? he had a republican senate by ten votes
and in his second term, reagan gained a major tax reform. on the defense front, republican president reagan again with the help of the rity presided over a major increase in the defense budget, congress presided over a major increase in the defense budget, the defe including straby millions of protesters here and abroad. also commander in chief reagan gained secret aid for freedom fighters in central america, the quote unquote contras. in his second term reagan negotiated a nuclear arms control...